(PrajInd) Praj Ind complete technical analysis [charts+indicators] | Buy/Sell Praj Ind | (PrajInd) share price targets
Complete technical analysis of Praj Ind (PrajInd) by charts plus indicators, forecast predictions and share price targets for Praj Ind (PrajInd)
Showing technical analysis as on 2023-02-01 View latest technical analysis
10 day averaged volume of Praj Ind is 38853
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 344.70 | 349.95 | 361.60 | 337.85 | 3.516 times |
| 31 Tue Jan 2023 | 343.25 | 338.70 | 344.60 | 336.35 | 0.995 times |
| 30 Mon Jan 2023 | 335.05 | 330.40 | 340.90 | 330.40 | 1.165 times |
| 27 Fri Jan 2023 | 334.05 | 344.55 | 344.55 | 326.45 | 0.977 times |
| 25 Wed Jan 2023 | 337.65 | 340.85 | 342.00 | 336.15 | 0.565 times |
| 24 Tue Jan 2023 | 340.85 | 335.05 | 342.00 | 335.05 | 1.039 times |
| 23 Mon Jan 2023 | 336.85 | 343.85 | 343.85 | 335.60 | 0.537 times |
| 20 Fri Jan 2023 | 342.60 | 339.80 | 343.95 | 339.35 | 0.831 times |
| 19 Thu Jan 2023 | 339.80 | 351.05 | 354.35 | 338.80 | 2.458 times |
| 18 Wed Jan 2023 | 353.95 | 355.10 | 360.00 | 353.10 | 0.831 times |
Stock of Praj Ind (PrajInd) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 339.4 as stoploss in an intra day buy trade for a target of 350.11. However, stock will show a bearish move below 339.4.
Share price targets for Praj Ind (PrajInd)
| Target Type | Value |
| Downside Target | 326.45 |
| Upside Target | 351.95 |
| Upside Target | 361.60 |
| Upside Target | 371.50 |
| Upside Target | 372.20 |
| Upside Target | 382.05 |
| Upside Target | 394.65 |
| Upside Target | 399.30 |
| Upside Target | 444.70 |
| Upside Target | 461.50 |
Intraday share price targets for Praj Ind (PrajInd)
| Target Type | Value |
| Downside Intraday Target | 329.53 |
| Downside Intraday Target | 314.37 |
| Upside Intraday Target | 360.73 |
| Upside Intraday Target | 376.77 |
| Upside Intraday Target | 345.57 |
Weekly technical analysis of Praj Ind (PrajInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 344.70 | 330.40 | 361.60 | 330.40 | 1.82 times |
| 27 Fri Jan 2023 | 334.05 | 343.85 | 344.55 | 326.45 | 0.608 times |
| 20 Fri Jan 2023 | 342.60 | 353.05 | 361.90 | 338.80 | 0.819 times |
| 13 Fri Jan 2023 | 353.00 | 369.10 | 372.20 | 351.95 | 1.001 times |
| 06 Fri Jan 2023 | 367.50 | 357.00 | 371.50 | 352.20 | 0.788 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Praj Ind (PrajInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 344.70 | 349.95 | 361.60 | 337.85 | 0.153 times |
| 31 Tue Jan 2023 | 343.25 | 357.00 | 372.20 | 326.45 | 0.436 times |
| 30 Fri Dec 2022 | 356.35 | 391.45 | 394.65 | 333.10 | 1.283 times |
| 30 Wed Nov 2022 | 391.40 | 413.10 | 444.70 | 382.05 | 0.617 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Praj Ind (PrajInd)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 24, 20, 8 | Buy |
| MACD | -16, -16 | Buy |
| Stochastics | 41 | None |
| CCI | 91 | Buy |
| RSI | 42 | Sell |
| OBV | 15825 | Sell |
| VWAP | 341 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Praj Ind ( (PrajInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Praj Ind ( (PrajInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Praj Ind ( (PrajInd) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Praj Ind ( (PrajInd) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Praj Ind stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Praj Ind in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Praj Ind Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Praj Ind in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Praj Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 341.49 and Praj Ind (PrajInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Praj Ind (PrajInd) stock. Volume based technical analysis of Praj Ind (PrajInd) stock is negative.
Praj Ind Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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